Oxford Immunotec Limited Eyes Operations in Memphis
2/15/2012 8:58:47 AM
A British medical diagnostics company, Oxford Immunotec, plans to locate its second North American operation in Memphis. The company will test blood specimens for analysis at 5846 Distribution Drive. It will invest $1.8 million and hire 25 people by the end of 2014, the company states in a letter to the EDGE (Economic Development Growth Engine). Oxford Immunotec is headquartered in Abingdon, England, and has its North American headquarters in Malborough, Mass. "After substantial effort on the part of the State of Tennessee, Economic and Community Development team, Oxford has decided to establish its first U.S. location outside of its Massachusetts headquarters in Memphis," company officials wrote to EDGE.